Question: For numeric answers, unless instructed otherwise, enter dollar values to the nearest cent (two decimal places) and enter rates as percentages, also with two decimal
For numeric answers, unless instructed otherwise, enter dollar values to the nearest cent (two decimal places) and enter rates as percentages, also with two decimal places (or you may lose points). Do not include dollar signs or commas. For units, abbreviate dollars as $. percent as %, years as yy and times as X. Question 16 (4 points) (Select all applicable.) If the U.S. Treasury buys $50 billion of short-term securities from the public, other things unchanged, what would be the most likely effects on short-term securities' prices and interest rates? (Hint: Think loanable funds.) Prices will decline. There is no reason to expect a change in either prices or interest rates. Interest rates will decline. Prices will rise. Interest rates will rise
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